It may not come as a surprise that wealthy countries like Finland, Canada and Switzerland have flirted with a universal basic income, but perhaps you didn’t know that India – where approximately 30% of the population lives below the poverty line – has, too. Economist Shamika Ravi leverages her expertise in development in India to argue that the country should replace its ineffective, corrupt welfare programs with a base income for all its citizens. getAbstract recommends this unexpected but well-reasoned argument to all invested in solutions to poverty in India and beyond.
In this summary, you will learn
- How a universal basic income could drive down poverty in India,
- What objections some have about a universal basic income in the country and
- How effectively India’s current welfare system works.
About the Author
Shamika Ravi is an economist who specializes in India’s development and a senior fellow at the Brookings Institute.